TPP148:

How to create a property strategy, Part 1

Last week we talked about setting goals. Having decided on those goals, the next step is formulating a strategy that allows you to hit them – and that’s what we’re going to help you do over the next few weeks.

In this first part of our three-part series, we talk about the factors you need to consider in putting together a bare-bones property business plan. Before getting into specific strategies, we talk about what you need to take into account regarding your most precious resource: yourself!

It involves knowing your goal, your timeframe, your capital input, your “angle”, and more. We get you thinking about all the factors this week, talk about specific strategies you could implement next week, then wrap it all up by talking about exactly how to put it all into practice.

Strategy is absolutely fundamental to the whole enterprise of property investment – and even if you’re already well underway, you should constantly be revisiting and revising your approach as circumstances change. So take a listen, get thinking, and prepare to get strategic!

We’ve spent plenty of time talking about the spectacularly unpopular (among landlords at least) new mortgage relief rules – and now a group of landlords has successfully funded a judicial review intended to block it.